Sharon Stangenes

Federal authorities are investigating two apparently unrelated embezzlement cases at Chicago banks, both involving former employees and losses in the six figures. Officials of Lakeside Bank, with headquarters at 141...

In a reversal of the usual scenario, a group of banks is looking for borrowers among small businesses. The banks, allied with a community coalition and a college small-business center,...

When Kurt Karmin planned a party this spring to introduce potential board members to his firm's existing directors, his mood seemed upbeat. After all, Ira Kaufman, Karmin's predecessor as head...

United Airlines said Friday that it has found a buyer, CJT Holdings, for its Air Wisconsin regional jet airline business. Elk Grove Township-based UAL Corp., United's parent, did not release...

First Chicago Corp. said Wednesday that second-quarter net income soared nearly fivefold, helped by strong showings in its credit-card, trading and venture-capital businesses. Illinois' biggest bank holding company said net...

With book wars hitting Chicago in a big way, no one is feeling the pinch more than Kroch's & Brentano's, the city's oldest and largest full-service bookstore chain. Since 1907,...

For 26 years, Jack McDonald has been the driving force behind Oxxford Clothes, the Chicago-based Cadillac of men's suits. Yet a changing of the guard began this week as the...

The longtime head of a large Du Page County credit union has quit under pressure from state regulators who raised questions about his family members' past roles in the institution's...

It was the day before Christmas Eve, and the City of Chicago had its heart set on a particularly valuable present: as much as $10 million extra for its coffers...

Bank customers walking into local branch offices are finding not only the familiar roped-off avenues leading to bank tellers but also brokerage-style offices open for business in one corner of...